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LONDON - EnergyPathways plc (AIM:EPP), a company specializing in energy transition, has announced a partnership with Zenith Energy Ltd., a leading UK-based Well Engineering and Project Management firm, to work on the MESH energy storage facility. This collaboration was confirmed on Monday, with Zenith set to provide well engineering services for EnergyPathways’ subsidiary, EnergyPathways Irish Sea Limited (NYSE:SE) (EPISL).
As part of the contract, Zenith will handle drilling and completion design, permit planning and submission, and procurement of materials, among other responsibilities. The MESH project, a large-scale energy storage initiative, is designed to support the UK’s transition to Net Zero by providing a reliable supply of natural gas, green hydrogen, and low-carbon flexible power.
Derek Grimmer, COO of EnergyPathways, expressed confidence in Zenith’s capabilities, citing their successful pre-FEED phase collaboration and their expertise in supporting long-duration energy storage and hydrogen storage. Grimmer emphasized the importance of the MESH project in facilitating a "just transition" for the UK’s offshore workforce.
Chris Collie, Operations Director at Zenith Energy, also commented on the significance of the partnership, highlighting its role in advancing the UK’s energy transition and enhancing domestic energy security through low-carbon solutions.
The MESH facility is expected to be the UK’s largest integrated energy storage facility, with the capacity to store up to 20 TWh of energy. It is anticipated to play a crucial role in meeting the Government’s 2030 Clean Power timeline, ensuring a stable energy supply. The project will integrate gas storage, hydrogen storage, and compressed air storage technologies with offshore wind and decarbonized power generation, aiming to establish a new major decarbonized energy hub for the UK.
This announcement is based on a press release statement and contains forward-looking statements that involve risks and uncertainties, including economic conditions, regulatory processes, and technical issues that may affect the actual results of the project.
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